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Juanda Juanda
Program Studi Teknologi Hasil Pertanian, Fakultas Pertanian, Universitas Syiah Kuala
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Journal : Innovative: Journal Of Social Science Research

 1 
Analisis Yuridis Terhadap Kedudukan Dan Fungsi Danantara Dalam Sistem Ketatanegaraan Indonesia Tresno Utami, Wita; Juanda, Juanda
Innovative: Journal Of Social Science Research Vol. 5 No. 4 (2025): Innovative: Journal Of Social Science Research
Publisher : Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/innovative.v5i4.20747

Abstract

This study aims to conduct a legal analysis of the position and function of Danantara (Daya Anagata Nusantara Investment Authority) as a sovereign wealth fund (SWF) institution within Indonesia's constitutional framework. Using a normative legal approach and literature review method, this research evaluates the legal foundation, institutional structure, accountability mechanisms, and international comparisons. The findings indicate that although Danantara has been established through Government Regulation No. 10 of 2025 and reinforced by Law No. 1 of 2025, its existence lacks adequate constitutional legitimacy. Danantara's role as a non-structural institution managing trillions in state assets requires a stronger legal basis and mandatory oversight mechanisms from the legislature and independent audit bodies. Furthermore, the insufficient implementation of the Santiago Principles such as transparent financial reporting, performance-based remuneration, and external audits leaves Danantara vulnerable to conflicts of interest and accountability risks. Compared to other SWFs like Temasek (Singapore), Khazanah Nasional (Malaysia), and China Investment Corporation (CIC), Danantara remains behind in governance practices and public engagement. This raises concerns about the long-term credibility of Danantara as a development instrument. Thus, a comprehensive structural and legal reform is urgently needed, including the enactment of a specific law and the establishment of a strong, independent oversight mechanism. Strengthening its legal status and governance system will ensure that Danantara not only contributes to economic growth but also upholds democratic accountability and constitutional order in Indonesia.
Co-Authors Abdul Khair Achmad Edi Subiyanto Ade Hari Siswanto afandi, iswan Ahmad Alif Jaya aiz Syafiq Ubaidillah, Ahmad F Alfiana, Rita Ambarwati Anatomi Muliawan Andaline, Zevania Venda Anna Triningsih, Anna Annisa Fitria Anshari Anshari, Anshari ARDIANSYAH ARDIANSYAH Arifin Arifin Arisandi, Vidya Ariwibowo, Daniel Aslan Abidin, Aslan Asman, Yunita Aufa, Mahrani Azis Azis, Azis Aziz, Rizka Amelia Budhi Santoso Bustami, Koko Chia, Philip Suciadi Chrystalio, Chrystalio Cut Erika Doli Al Rasyd Pasaribu Dyah Ismoyowati, Dyah Eko Sulistyo Erminawati erminawati Eveline, Sjanette Eveline, Sjanette Evi Risa Mariana Fadhillah, Harris Faisal Faisal Fajar Fajar Faot, Agustinus Fathiyah Fathiyah Fazrian, Fazrian Feriza, Gousta Fitri Yani Frederich Oscar L. Lontoh Gayatri, Paramita Dewi Gemanial, Juan Hafiz, Muhammad Alimul Hanif Syahputra Harahap, Pardamean Hasnarianti, Hasnarianti Hayati Kautsarah Hendri Syah Hera Fasirah Heryani , Heryani Hikmawati, Elok I Gede Hartadi Kurniawan Indra Dwisaputra Irfan Irfan Iskandar, Raihan Jamal Jamal Jannah, Taifatul Johar Amir Jonathan Octavianus Juliana, Hera Jupri Jupri Khairunnisa Khairunnisa Komala, Cahyatul Lilik Sutiarso Lilis Setyarini Lontoh, Frederich Oscar Mantasiah R. Mantasiah, Mantasiah Mariyani, Mariyani Martinus Buulolo Martunis - Maulana, Mizan Maya Intan Miswandi, Miswandi Moch Maksum Muhammad Ikbal Mawazin Qistan Muhammad Rapi Muhammad Saifrizal Mujiburrahmad Mujiburrahmad Mulkan Azhary Mulya, Pasya Wijaksono Nauval Azmi Noertjandranata, Handoko Nur Fajriani R Nurdiana Nurdiana Nurhayani nurhayani Nurya, Anis Ocsirendi Octavianus , Jonathan Permana, Surja Prihamdani, Depi Purwaningsi, Utari Rahmadhani, Zaskia Raida Agustina Ramadhan, Zul Fitrah Ramli Ramli Ria Rosika Rita Khatir Robert Napitupulu Romadhoni Romadhoni, Romadhoni Rumiyati, Rumiyati Ryan Moulana Sandjaja , Irawati Satriana Satriana Satriana Satriana Setia, Rizki Silvina, Tika Simahatie, Mai Siswandi B Sri Hartuti Sri Hartuti Sri Hartuti Sri Hartuti sri hartuti Stevanus, Virgo Suarni Syam Saguni, Suarni Syam Sugiarto, Sri Suprajogi, Agus Syahriaty, Syahriaty Tahir, Ainun Thaher, Irmanjaya Tresno Utami, Wita Trisni, Devi Nur Triyanto, Romy Ade Tuflih, Muhammad Alfian Tumatul Ainin, Dewi Wahyuni Ramadhani Wasis Susetio Widi Prasetyo Widianto, Kasiatin Widiatno, Men Wih Widokarti, Fenny Eka Wiraguna, Sidi Ahyar Yolanda, Evril Yulianti, Hilda Tri Yusdiana, Yusdiana Yusrin, Yusrin Yusya Abubakar Zalniati Fonna Rozali Zarwa Ulfa Zulfikar Judge